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German DFI DEG Commits $50 Million to DPI’s Fourth Africa-Focused Private Equity Fund
The vehicle aims to inject capital into mid-tier African companies that are positioned for expansion but lack sufficient access to equity finance.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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The End of Driving Licences as You Know It in South Africa Is Coming
According to Goldstuck, one issue is that digital driving licences and digital services in general are not accessible to all.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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African Development Fund Mobilises a Historic $11 Billion, Marking a New Era of African Ownership and Investment-Led Development
For the first time in the Fund’s history, 23 African countries have made unprecedented contributions to their own concessional financing window.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Climate Fund Managers Approves $86.2 Million Financing for Water Infrastructure in Limpopo
The financing is aimed at helping to mobilize the capital required to launch construction on stages one and two of the sprawling water project.
- Categories
- Environment, Finance
- Region
- Sub-Saharan Africa
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Flutterwave Buys Nigeria’s Mono in $25 Million – $40 Million Deal to Deepen Africa’s Fintech Infrastructure
Flutterwave runs one of the continent’s widest payment networks, supporting local and cross-border transactions across more than 30 African countries, while Mono has built open banking APIs that allow businesses to access bank data, initiate payments, and verify customers.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Rwandan Fintech Startup Kayko Raises $1.2 Million Seed Funding Round
Rwandan fintech startup Kayko has raised US$1.2 million in seed funding for Kayko to support its mission of using data to unlock access to finance for small businesses across the country.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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African Development Bank Secures $11 Billion in Historic Fund
The African Development Bank’s concessional financing arm mobilised a record $11 billion from 43 Partners in its 17th (ADF-17), an amount the multilateral lender said signals confidence in the continent’s development prospects.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Analysis: The Hidden Kenyan Workers Training China’s AI Models
An unemployment crisis has created fertile ground for companies to step in with opaque systems built on WhatsApp groups, middlemen, and bargain-basement wages.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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